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GameStop insiders buy $57M in shares after strong Q2, sparking stock rally and analyst buy rating.

Market News
30 Sep 2026
Finbold
View Source
Bullish
GameStop insiders buy $57M in shares after strong Q2, sparking stock rally and analyst buy rating.

GameStop's CEO Ryan Cohen and other insiders bought a total of $57 million in shares in September, reversing previous selling trends. This insider buying followed a strong Q2 earnings report that showed record operating income and boosted collectibles sales. The positive results led to a 25% stock rally, pushing GameStop shares back into positive territory for the year. Analyst Jim Cramer also issued a buy rating, citing the company's profitability and recovery plan, signaling renewed investor confidence.

GameStop shares trade at USD 24.10 on Pluang as of Sep 30, 2026 15:51 WIB, showing a modest 1.43% gain in the last day despite insider buying news. The stock's market cap stands at $12.09 billion, with a 52-week high of $27.69 and a low of $17.87. Interestingly, Pluang order activity is currently 100% sell, contrasting with the insider purchase trend noted in the news.

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